NSE share market NEWS tomorrow (05 July, 2024). NSE stocks in NEWS (tomorrow)
NSE share market NEWS tomorrow (05 July, 2024). NSE stocks in NEWS (tomorrow) These are NSE stocks which will be in NEWS tomorrow as on 05 July 2024
Rail Vikas was amongst the top gainers, currently trading at 491.05 in NSE with 7.376 times change in volumes and 17.266% change in price. Other gainers included Yes Bank with 11.232% price change and 6.596 times volumes, Cg Power with 6.871% price change and 6.712 times volumes, Blue Star with 6.2% price change and 10.975 times volumes, and Bond 8 with 5.914% price change and 6.346 times volumes. These stocks are expected to continue this move in coming days also. You can take a position in these stocks tomorrow and hold the position for a few days with today's opening as stoploss.
Hdfc Bank was amongst the top losers, currently trading at 1648.10 in NSE with 1.794 times change in volumes and -4.577% change in price. Other losers included Pb Fintech with -2.873% price change and 0.326 times volumes, Kpit Technologies with -2.739% price change and 0.634 times volumes, Idea Cellular with -2.231% price change and 0.764 times volumes, and Tube Invest with -2.198% price change and 1.748 times volumes. These stocks are expected to continue this move in coming days also. You can take a position in these stocks tomorrow and hold the position for a few days with today's opening as stoploss.
Other stocks which made news headlines today and can be traded tomorrow are below.
RBI imposes penalty on YES Bank for not exchanging mutilated notes. RBI imposed a monetary penalty of Rs 10,000
Bank of Baroda may raise up to Rs 7,500 crore via AT1, Tier-II bonds. According to the bank's annual report for FY24, it had raised additional Tier 1 capital of Rs 2,474 crore in FY23. The bank issued Tier 2 capital of Rs 5,000 crore
Former McKinsey India head Zainulbhai reappointed as Network18 chairman. Former McKinsey India head Adil Zainulbhai has been reappointed as chairman of billionaire Mukesh Ambani's listed media company Network18, while veteran journalist Rahul Joshi has been given another three-year term as managing director. Zainulbhai, current
RBI imposes a monetary penalty of Rs 1.32 crore on Punjab National Bank. The charges have been imposed after considering the oral submissions made in response to the show-cause notice sent by RBI to the bank
Adani Wilmar reports 13% volume growth in June quarter, exports up 36%. Edible oil major Adani Wilmar on Friday said it has reported a 13 per cent volume growth in the June quarter. The double-digit growth was propelled by market-specific strategies in each category, aimed at gaining market share, especially in under-indexed m
Tata Steel shuts 1 of its 2 blast furnaces at Port Talbot in South Wales. The decommissioning of blast furnace number 5 was in sync with the timeline indicated by the company earlier
HDFC Bank mulling loan portfolio sale amid growth scrutiny: Report. Shares of the bank fell the most in a month on Friday after it reported flat sequential deposit performance in the quarter ended June
Have arranged 0 million to settle Zambian copper mine debts: Vedanta. The miner owned by Indian billionaire Anil Agarwal will about the 0 million it needs to pay small creditors in Zambia on or around July 8, it said in a statement.
India Inc registers 501 deals valued at .4 bn in Q2 2024: Report. India Inc has recorded a total of 501 deals valued at USD 21.4 billion in Q2 2024, according to Grant Thornton Bharat Dealtracker. As per the consultancy firm, Q2 2024 witnessed the highest quarterly volumes in two years, while values declined due to the a
Hemant Lamba submits resignation as Infosys Executive Vice President. Infosys on Friday said Hemant Lamba, Executive Vice President and Global Head of Strategic Sales, has resigned from the company. The Bengaluru-headquartered IT services firm informed about the resignation of the Senior Management Personnel in a statutory f
Coforge buys 17% stake in Cigniti Technologies for Rs 645 cr via block deal. IT company Coforge on Friday bought a 17 per cent stake in Cigniti Technologies for Rs 645 crore through open market transactions. According to the block deal data available with the BSE, Coforge purchased a total of 46,18,199 shares or 16.9 per cent stake
Kalyan Jewellers revenue growth surges 27% in Q1 FY25, plans expansion. Kalyan Jewellers on Friday reported a 27 per cent year-on-year increase in consolidated revenue for the first quarter of the financial year 2024-25, driven by strong performance in both Indian and Middle Eastern markets. The company had reported a consolid
Padma Bhushan awardee Foxconn Chairman Young Liu to visit India this year. In the past year, Taiwan company has invested heavily to expand its presence in India, particularly in south
Remove social media post that claimed centipede found in Amul ice cream: HC. The Delhi High Court has directed a Noida-resident to remove her social media posts that alleged she found a centipede in a tub of Amul ice cream bought by her. Justice Manmeet P S Arora, while dealing with a lawsuit by Gujarat Cooperative Milk Marketing F
Airtel ordered to pay Rs 5 lakh fine for harassing customer in 2013 case. Airtel began harassing a customer for non-payment of dues despite the funds being credited to telecom giant's accounts
Thermax Babcock bags order worth Rs 513 cr to supply 2 boilers in Botswana. Thermax Babcock & Wilcox Energy Solutions on Friday said it has bagged a Rs 513-crore order from a leading industrial conglomerate to supply two boilers for an energy project in Botswana, Southern Africa. The company will supply two 550 TPH CFBC (circulati
Has Airtel's customer database been breached by hackers? Company says this. A hacker had posted on X that data of nearly 375 million Airtel customers, including phone numbers, email addresses, and Aadhaar numbers, were supposedly for sale on the dark web
Realty firm Experion Developers buys 8-acre land in Gurugram for Rs 400 cr. Realty firm Experion Developers has acquired a 7.81-acre land in Gurugram for Rs 400 crore to develop a real estate project. The company, a fully FDI-funded real estate developer and a wholly-owned subsidiary of Experion Holdings Pte Ltd, Singapore, has ac
QMS Medical acquires 51% stake in Saarathi Healthcare for Rs 450 crore. QMS Medical Allied Services on Friday said it has acquired a 51 per cent stake in Saarathi Healthcare for Rs 450 crore. Mumbai-based QMS MAS is engaged in the marketing and distribution of a wide range of medical products. "The acquisition of Saarathi is t
Hexaware sets up new office in Coimbatore to focus on data, testing skills. Global Information technology services and solutions provider Hexaware Technologies has strengthened its footprint in Tamil Nadu with the inauguration of a new office in Coimbatore. The facility would aid the company's existing Business Process Services di
JSW Energy plans Rs 15,000 crore capex in FY25, says Sajjan Jindal. JSW Energy Chairman & Managing Director Sajjan Jindal on Friday said the company has planned a capital expenditure of Rs 15,000 crore during the current fiscal year. In his address to shareholders at the annual general meeting, he said, the company intends
In a first, Swiggy launches 'Eatlists' feature to share food recommendation. Swiggy's 'Eatlists' feature will allow food enthusiasts to compile and share their favourite dishes directly within the Swiggy app
JSW Energy looks to accelerate Rs 1.15 trillion capex by a few years. Company plans to start green hydrogen production in FY25, open to thermal opportunities and other acquisitions
Auto component maker SAMIL raises 0 mn through issuance of notes. Auto components maker Samvardhana Motherson International Ltd on Friday said it has raised USD 350 million (around Rs 2,920 crore) through the issuance of notes. The notes were issued by the step-down subsidiary, SMRC Automotive Holdings Netherlands BV (SA
IEX board reappoints SN Goel as CMD, promotes Rohit Bajaj as Joint MD. Indian Energy Exchange (IEX) board on Friday approved the proposal to reappoint Satyanarayan Goel as its Chairman and Managing Director and to appoint Rohit Bajaj as its Joint Managing Director. The board noted that Goel will attain the age of 70 years on
Microsoft announces 3rd round of layoffs as tech sector continues to bleed. Number of job cuts in tech sector has crossed 100,000 with major companies like Google and Toshiba also handing out pink slips
SAIL to make Rs 6,500 cr capex investment in FY25: CMD Amarendu Prakash. Steel Authority of India Ltd will be investing Rs 6,500 crore towards capex during the current financial year as part of its Rs 1 lakh crore investment plan over the next few years, SAIL CMD Amarendu Prakash said on Friday. Speaking to mediapersons on the
Marico's domestic biz reports modest volume rise in Q1; margins improve. Fast-moving consumer goods maker Marico on Friday said its domestic business posted a "modest uptick" in volume growth in the first quarter on a sequential basis and expects gross margin to expand year on year. The overall demand trends in the first quarte
Torrent Power seeks shareholders nod to raise up to Rs 5,000 cr via equity. Torrent Power on Friday said it will seek shareholders' approval to raise up to Rs 5,000 crore through equity shares. The approval will be sought in the annual general meeting scheduled on July 30, 2024. In a notice, the company said there is an ongoing re
Tech platform ACESO plans to add 60 more channel partners in FY 2024-25. ACESO, a tech platform in insurance assignment business, is planning to add 60 more channel partners in the ongoing financial year. The company currently has 40 channel partners. "Currently, we have 40 channel partners and we want to add another about 60 m
Former employees send notice to Byju's of initiating insolvency at NCLT. About 62 former employees of Byju's have come together and sent a notice of filing an insolvency and bankruptcy case against the troubled edtech firm at NCLT if their pending dues are not paid
Jewellery brand Titan reports 9% revenue growth in Q1, adds 61 stores. Leading jewellery and watchmaker Titan on Friday said it clocked a standalone revenue growth of 9 per cent in the first quarter ended June 30, 2024. The Tata Group-managed firm added 61 stores during April-June FY25, taking its combined retail network pres
US-based AI company Glean Technologies launches its first office in India. Glean's launch in Bengaluru underscores its commitment to empowering Indian enterprises through advanced AI technologies and expanding its customer base in the Asia-Pacific region
Vedanta reports rise in production of aluminium, iron ore, zinc in Q1. Mining giant Vedanta Ltd on Wednesday reported a rise in production of aluminium, zinc, iron ore and steel in the June quarter. However, the production of mined metal at overseas and oil and gas dropped during the quarter. In a filing to the BSE, the compa
USFDA pulls up Sun Pharma for manufacturing issues at Dadra facility. Sun Pharma failed to adequately clean and maintain equipment used for drug manufacturing at its Dadra-based manufacturing plant, as per the US Food and Drug Administration (USFDA). In a warning letter issued to company's Managing Director Dilip Shanghvi on
Inox Wind to become a debt-free company after promoter infuses Rs 900 cr. Inox Wind Ltd on Thursday said its promoter Inox Wind Energy (IWEL) has infused Rs 900 crore into the company, following which the wind energy solutions provider will become a net debt-free company. In a statement Inox Wind Ltd (IWL) on Thursday announced
Fast fashion brand Shein to re-enter India on Reliance Retail's app, stores. After a 4 year absence, Reliance may be launching Shein in India on its apps and storefronts within the coming weeks: All you need to know
Suzuki Motor unveils Rs 340 crore fund to support social impact startups. Japanese automobile firm Suzuki Motor on Thursday launched its first investment fund in India--Next Bharat Ventures--a Rs 340 crore fund dedicated to fostering impact entrepreneurs who create value in Tier-II and below geographies. This Suzuki initiative a
OnePlus names Chinese exec for India head position amid retail problems. Robin Liu, who was recently the chief executive for OnePlus's North American region, will now oversee the India operations
Dip in Xiaomi orders hit Foxconn's Bharat FIH, affect operations, IPO plans. According to a source aware of the development, the unit stopped its level 10 operations on June 30, and some of its operations are being shifted to Sriperumbudur near Chennai
Tesla investment in India not anytime soon as Musk ceases contact: Report. Elon Musk's team hasn't made any further inquiries with officials in New Delhi after the billionaire postponed a visit to India in late April
Wipro Consumer Care-Ventures leads investment round in snacks firm LetsTry. Founded in 2021 by Nitin Kalra, LetsTry offers premium quality snacks that resonate with the traditional tastes and preferences of Indian consumers
'Pay salaries or face an audit': NCLT warns crisis-hit edtech firm Byju's. The Bengaluru-based law tribunal told Byju's to pay the outstanding salaries to its employees irrespective of whether it has access to the funds raised through its rights issue
Bank of Maharashtra records 19% growth in credit for April-June quarter. State-owned Bank of Maharashtra (BoM) on Friday reported a 19 per cent growth in credit to Rs 2.09 lakh crore for the April-June quarter. The outstanding credit was Rs 1.75 lakh crore at the end of June 30, 2023, BoM said in a regulatory filing. The Pune-h
NCLT asks Byju's to pay salaries to employees, warns firm of facing audit. The edtech firm has paid April, May salaries but is yet to make full payments for February and March
Zomato shuts down hyperlocal delivery platform 'Xtreme' amid poor demand. Despite its strategic launch, 'Xtreme' failed to gain traction, leading Zomato to remove it from the Google Play Store
AstraZeneca to invest Rs 250 crore in expanding its GITC in Chennai. This will be the company's largest GCC in the world. This is a monumental addition by the company, joining other global giants like Hitachi Energy in establishing their biggest GCCs in Chennai
Bajaj Auto set to launch world's first CNG bike 'Freedom 125' on Friday. The bike is likely to have flexible fuel options and will feature two separate switches for petrol and CNG
Dr Reddy's, Sun Pharma recall drugs in US due to production issues: USFDA. Dr Reddy's Laboratories and Sun Pharma are recalling products in the US due to manufacturing issues, as per the latest Enforcement Report by the US Food and Drug Administration (USFDA). According to the report, Dr Reddy's Laboratories is recalling drugs to
Realty co Mahindra Lifespace eyes Rs 2,050 cr revenue from 2 new projects. Realty firm Mahindra Lifespace Developers Ltd on Thursday said it has acquired land in Bengaluru and bagged a redevelopment project in Mumbai with a combined revenue potential of Rs 2,050 crore. In a regulatory filing, the company informed about the "closu
Bajaj Auto to unveil world's first CNG bike: What we know so far. Bajaj Auto is set to launch its latest motorbike with dual-fuel capability, which will run on both petrol and CNG, thereby cutting the running costs by half
HDFC Bank's loan book shrinks in June quarter, deposits flat sequentially. The deposit book as of June 30 was Rs 23.79 trillion, almost flat compared to the previous quarter. Deposit growth was 16.5 per cent year-on-year, excluding the impact of the merger
Strong loan growth for small finance banks in Q1FY25, Casa declines. The deposits of the SFBs posted a double-digit increase from the quarter ended in June 2024. Deposits of Equitas SFB grew by 35.40 per cent, Capital SFB by 10 per cent, and Suryoday SFB by 42 per cent
L&T brass puts shareholders at ease on infrastructure, labour woes. L&T also made headlines last month over the chairman's public comment that the company was facing a shortage of about 30,000 workers
LIC launches project 'Jeevan Samarth' to meet customers' evolving needs. The life insurance giant has partnered with A T Kearney to undertake the transformation project by reviewing the existing agency framework of LIC on an end-to-end basis
Raymond to demerge real estate business, list realty vertical on exchanges. Textile major Raymond Ltd on Thursday said it will demerge the real estate business to unlock the value for shareholders and harness growth potential in the Indian property market. In a regulatory filing, the company informed that its board has approved th
IDFC First Bank raises Rs 3,200 cr by selling shares to LIC, 5 others. IDFC First Bank on Thursday said it has raised Rs 3,200 crore by selling equity shares to six insurance companies, including LIC and HDFC Life. In a regulatory filing, IDFC First Bank informed that an authorised committee of the board of directors approved
Tata Hitachi's success harvest from field to factory in West Bengal. Ratan Tata, then Tata Group chairman, had flown in along with the brass to make the announcement. The Nano found its home at Singur in the Hooghly district
Reliance Jio tops with AGR at Rs 25,331 cr, Airtel sees steepest growth. Reliance Jio posted the highest adjusted gross revenue, on the basis of which the government calculates spectrum and licence fee, at Rs 25,330.97 crore while Bharti Airtel saw its AGR grew at sharpest pace in March 2024 quarter, a report by sector regulato
Kingdon never disclosed any relationship with Hindenburg: Kotak Mahindra Bank. Kingdon informed KMIL that the transactions were made on a principal basis, i.e. for themselves, said the bank in a stock exchange filing
Crisis-hit Paytm woos merchants with health plan at Rs 35 a month. Paytm's health care plan offers merchant partners benefits such as unlimited doctor 'teleconsultation' and in-person doctor visits
Jakson Green inks pact with NHPC for supply of 400 MW solar power. New energy transition platform Jakson Green on Wednesday said it has inked a pact with state-owned NHPC for the supply of 400 MW solar power. Jakson Green has signed its first Power Purchase Agreement (PPA) with NHPC Ltd, a company statement said. This agr
Coal India to offer Rs 1 lakh to eligible UPSC aspirants: How to apply?. As part of Centre's 'Mission Karmayogi', the state-owned Coal India is powering a CSR initiative to offer Rs 1 lakh financial assistance to eligible UPSC candidates
Infosys Foundation, ICT Academy join hands to skill 48,000 students. Infosys Foundation, the philanthropic and CSR arm of software services firm Infosys Ltd, and ICT Academy of Tamil Nadu, a non-profit organisation, have joined hands with an aim to skill 48,000 students over a period of three years in various fields. The st
No more cooing: India's own Twitter alternative Koo calls it quits. Indian alternative to X (formerly Twitter) has officially shut down, with founders Aprameya Radhakrishna and Mayank Bidawatka citing financial struggles as the main cause
LatentView Analytics buys 70% stake in Decision Point for .1 mn. Chennai-based digital analytics consulting firm will buy remaining stake in 2 years
Olympian PV Sindhu joins wellness brand Hoop as investor, brand ambassador. Founded in 2022, Hoop brands itself as India's first wellness brand for an active lifestyle, which focuses on a range of wellness products to deal with effective pain, sleep, stress, and workout
PwC names in-house executive as its new China head amid regulatory scrutiny. PwC said in a statement to Reuters on Wednesday that Shanghai-based Li assumed the role of chairman of PwC China and Asia Pacific with effect from July 1
India-based crypto exchange CoinDCX acquires full stake in Dubai's BitOasis. The firms did not disclose the transaction value, but BitOasis said in a separate statement that CoinDCX, now owns the full share capital of the Dubai-based company
HDFC Bank share price hit all time high; up 2.18% from previous day's close. Analysts expect more upside in the run up to August rebalance of MSCI index weightage
Anand Mahindra asks industry to boost capital investment to 'ride the tide'. Indian companies need to enhance capital investment in order to take advantage of the growth opportunities available in India and abroad, according to Mahindra Group Chairman Anand Mahindra. Addressing shareholders in the company's annual report for 2023-2
Crypto exchange platform CoinDCX acquires MENA region's BitOasis. This comes nearly ten months after CoinDCX invested in the company, marking one of its earliest investments in the MENA region
Bain Capital-backed Emcure Pharma IPO fully subscribed on Day 1 of offer. The issue, with a price band of Rs 960 to Rs 1,008 per share, will be open for public subscription till July 5. The IPO comprises fresh issuance of equity shares worth Rs 800 crore
Vodafone, Virgin Media to continue network sharing amid competition woes. The billion merger between Vodafone's UK operation and Hutchison's Three UK is the subject of a Competition and Markets Authority investigation
Fitch affirms 'BBB+' rating on Larsen & Toubro with stable outlook. Fitch Ratings said it has affirmed 'BBB+' rating with stable outlook on Larsen & Toubro and stressed that the ratings indicate strong financial structure and sound financial flexibility of the company. "Fitch Rating has assigned India's Larsen & Toubro Lim
Edtech major Byju's asks for 48 hrs to decide on selling or pledging shares. The edtech firm's US-based lenders have filed a plea to prevent the company from pledging, selling or transferring its shares
ABB technology selected by Mahindra & Mahindra for new EV paint facility. Mahindra & Mahindra (M&M) has selected ABB's PixelPaint technology for its new electric vehicle paint facility, ABB said on Wednesday. The deployment of the technology also includes 42 robots from the IRB 5500 family making M&M the first OEM in India to us
2025 will be best year for growth, profitability: Unacademy co-founder. The ongoing year will be the best period in terms of growth and profitability for Unacademy, the co-founder and CEO of the edtech company, which has laid off 250 employees, said on Wednesday. Amid claims that the edtech company is up for sale, Unacademy Co
Airtel PB records 49% dip in wallet numbers despite Paytm PB's downturn. The company however has registered a steady increase in transaction volumes
Some ups and downs but EV push is right strategy in long term: Volvo Cars. In India, 27,300 electric cars were sold in the first quarter of 2024-25, showing no year-on-year growth
Koo's flight cut short: Twitter challenger grounded by merger collapse. Koo's entry into the startup dead pool comes at a time when the startup world has been grappling with the so-called funding winter
Bajaj Finance's AUM rises 31% in Q1FY25, new loans booking improves by 10%. The deposits book of the company rose by 26 per cent to Rs 62,750 crore from Rs 49,944 crore as of June 30, 2023
Hindustan Zinc committed to partner with India's auto firms, says CEO. Vedanta group firm Hindustan Zinc on Wednesday said it is committed to partner with the country's auto companies to "unlock zinc potential" and drive India's mobility. Zinc's usage in the automotive sector, through galvanised steel, offers significant fuel
'BSNL unable to compete with pvt telcos without 4G, 5G, check tariff hike'. State-run BSNL is unable to compete with private telecom operators in the absence of 4G and 5G services due to which there is no restraint on mobile service providers from raising tariff, BSNL Employees Union said on Tuesday. BSNL Employees Union in a lett
Telcos' tariff hikes to push up core inflation by 0.2% in FY25: Report. The near-simultaneous tariff hikes of over 20 per cent by the country's top three telcos will push up core inflation by 0.20 per cent in FY25, a foreign brokerage said on Wednesday. Analysts at Deutsche Bank also upped their core inflation or the price ris
CII calls for more cooperation between India Inc, govts in North East. Over the next 5-6 years, the industry body will work with around 100 non-government organisations (NGOs) in the region and build their capacity to attract more funds from corporate India
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